Wasn’t this supposed to be a growth company?
Revenue remained flat with a change of -0.1% compared to the reference period, totaling 58.4 (58.4) million euros.
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The first quarter of 2026 started favorably for Framery. Revenue developed well and reached the level of the reference period.
No point making excuses about revenue adjusted for the largest customer or the war in Iran. Either the growth is there or it isn’t. Now it looks like they only went public to cash out via the IPO just as the company’s growth figures started to weaken significantly.